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  Budget 2021: Vaccine cess coming this year? Here's what former finance secretary has to say

  Business | January 30, 2021 20:36 IST

  India TV Digital spoke to Former Finance Secretary CM Vasudev, who advocated a one-time vaccine cess this year. He also spoke at length about varous budget aspects, including generating new employment opportunities, tax relief to the salaried class, fiscal deficit and more.

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  Punjab Budget: Retirement age reduced to 58; Free education till Class 12 | Highlights

  Business | February 29, 2020 10:05 IST

  Punjab Finance Minister Manpreet Singh Badal presented state govt Budget 2020 of Rs 1.54 lakh crore on Friday. One of the key announcement made by the Punjab Finance Minister is reducing the retirement age of government employees to 58 and releasing 6% pending DA arrears in a week's time.

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  Taxing retirement income of employees a retrograde step: Experts

  Business | February 19, 2020 9:31 IST

  The budget proposals seeks to limit the exemption of contribution of Employer to retirement funds to the retirement fund kitty of an employee, which would be tax exempt to an arbitrary figure of Rs 7.50 lakh.

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  RBI Governor says no reason doubt government meet fiscal deficit targets

  Business | February 18, 2020 17:29 IST

  Throwing his weight behind Finance Minister Nirmala Sitharaman's budget numbers, Reserve Bank Governor Shaktikanta Das has said that there is no reason to doubt that the government will be able to cut fiscal deficit to 3.5 per cent of the GDP in the fiscal beginning April 1.

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  How much money you can save? This new e-calculator will answer all questions on new, old tax regime

  Business | February 19, 2020 12:26 IST

  The Income Tax department has launched an e-calculator to answer all your queries on the new vs old tax regime. People can calculate how much they will have to pay in eighter of the tax regimes, how much they can save and which scheme will be suitable for an individual.

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  RBI pegs FY 20-21 growth at 6%

  Business | February 06, 2020 13:29 IST

  RBI pegged India's growth rate in the next financial year at 6% and 5% in the current fiscal and decided to maintain the status quo on the benchmark interest rate.

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  HDFC Bank: RBI will have to do heavy lifting to boost growth by cutting rates

  Business | February 05, 2020 18:49 IST

  The Budget does not provide any counter-cyclical stimulus to boost consumption, and the Reserve Bank will have to do the heavy lifting to boost growth by cutting rates, the country's largest private sector lender HDFC Bank said on Wednesday. The budget announcements are also not inflationary in nature, and the Reserve Bank can cut rates as early as in the June review, it said.

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  Budget 2020 light on new structural reforms: Fitch Ratings

  Business | February 05, 2020 12:08 IST

  The Union Budget 2020-21 implies a modest degree of slippage from previous targets to consolidate public finances, it said. "However, its contents are consistent with our expectations when we affirmed the country's sovereign rating at 'BBB-'/Stable in December 2019.‎"

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  Budget 2020: Defence, Home Affairs among ministries with highest fund allocation | Top 10 List

  Business | February 04, 2020 9:37 IST

  Union Budget 2020 was announced by Finance Minister Nirmala Sitharaman on Saturday. In her speech that lasted over 2 hours and a half hours, the FM spoke on tax slabs, GST, 5 trillion economy amongst other things. Like every budget, reallocation of funds to ministries was one in the Budget 2020.

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  'Please try your magical exercise to start economy': Rahul Gandhi to PM Modi

  India | February 03, 2020 9:08 IST

  Taking a jibe at PM Modi, Congress leader Rahul Gandhi posted an old video of Prime Minister exercising saying please try "your magical exercise routine a few more times" as it may just start the economy. His statement has come in the backdrop of Union Budget 2020 which according to Gandhi was hollow and lacked roadmap to revive economy.

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  Important announcement for SSC, RRB aspirants. Sitharaman proposes common exam for non-gazetted post

  February 02, 2020 19:06 IST

  With an aim to simplify recruitment process in various examinations, the Finance Minister Nirmala Sitharaman on Saturday proposed to set up a National Recruitment Agency (NRA) that would conduct a common entrance test for all the non-gazetted government and Public Sector Banks posts that comes under category of Group B, Group C, and Group D government jobs.

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  7th Pay Commission: In Budget 2020, what's in there for central govt employees and what's NOT

  Business | February 03, 2020 8:04 IST

  7th Pay Commission: The PM Modi-led Central government introduced the Union Budget for FY 2020-2021 in Parliament on Saturday. Lakhs of govt employees awaited for some good news for them in the new budget 2020.

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  Amazon, Flipkart to approach govt for clarification on Budget proposal

  Business | February 02, 2020 14:47 IST

  Amazon and Flipkart are studying Budget 2020 as the government has proposed a new levy of 1 per cent TDS (tax deducted at source) on e-commerce transactions, a move that could increase burden on sellers on such platforms.

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  'Pro-farmer' budget fails to thrill middle class: Survey

  Business | February 02, 2020 14:42 IST

  Union Budget presented by Finance Minister was hailed as being pro-farmer. A survey carried out by IANS-CVoter post-budget poll, however, indicates that the budget has failed to capture the imagination of the middle class. The poll compiled people's responses to a series of questions aimed at measuring popular perception about the Union Budget in the context of issues such as the economy and employment.

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  LIC IPO: Life Insurance Corporation may be one of the biggest IPO in India. All we know so far

  Business | February 02, 2020 12:23 IST

  Government-owned insurance behemoth Life Insurance Corporation of India (LIC) is likely to become the country's biggest company by market capitalisation with an estimated valuation of Rs 8-10 lakh crore. With a Rs 30.5 lakh crore balance sheet as of FY19, even a 25 per cent stake sale by the government will mean a bumper listing.

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  Budget directionless, has no plans to address unemployment: Sachin Pilot

  India | February 02, 2020 7:53 IST

  Rajasthan Congress chief Sachin Pilot on Saturday termed the budget "directionless" and said it lacked a roadmap to address unemployment.

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  Union Budget totally disappointing, says Telangana CM

  Business | February 01, 2020 23:40 IST

  The Union Budget proposals are 'totally disappointing' and the Centre has shown discrimination towards Telangana by imposing substantial cuts in funds to be released to the state, Chief Minister K Chandrasekhar Rao said here on Saturday.

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  Budget 2020: Focus on police organisations, Home Ministry gets over Rs 48,000 cr more

  Business | February 01, 2020 23:33 IST

  The Budget 2020 allocated the Union Ministry of Home Affairs (MHA) Rs 1.67 lakh crore, an increase of Rs 48,225.05 crore from the previous allocation of Rs 1.19 lakh crore in 2019-20, with the bulk of the money going to police, paramilitary and infrastructure programmes.

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  Budget 2020: Tourism sector gets ₹2,500 Crore; 5 iconic sites to see infrastructural development

  Business | February 01, 2020 22:49 IST

  Budget 2020: Tourism plays a vital role in boosting the economy of any country. For a surge in tourism, Finance Minister Nirmala Sitharaman on Saturday proposed to allocate ₹2,500 Crore to the sector in the financial year 2020-21.

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  Union Budget to generate employment, tackle recession: Sushil Modi

  Business | February 01, 2020 22:14 IST

  Bihar Deputy Chief Minister Sushil Kumar Modi on Saturday said the Union Budget 2020-21 will not only help in generating employment opportunities and income but will also be able to tackle recession in a better way.